How to Maximize ROI Per Engineer Per Year

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I can't say like a specific percentage but what I can say is through those metrics. The rate of ships will start to see the number of new product features going out at a quicker clip, then you otherwise would have. And if you were to not even that plot but just kind of join some fictional organization out there as their new platform product leader, say, you know, 500 engineers. I mean, what's like a dollar figure. Like, do you think you can get like 20% more kind of ROI per engineer per that fully loaded cost? What are your thoughts on this big picture for these gains?

As product lead, Russ Nealis has been focused on introducing the discipline of product management in the Developer Foundations organization. This episode discusses the reasons why PMs are currently uncommon in platform organizations, examples of when having a PM has been helpful, and more.

Discussion points:

(1:23) Russ’s role at Plaid
(2:49) Why platform product managers are uncommon
(3:28) Backgrounds to look for when hiring a platform PM
(4:58) Deciding whether to hire a platform PM
(6:20) Signs that bringing in a Product Manager would be beneficial
(9:16) How Russ personally became a platform PM
(12:15) Whether a platform PM is a career path
(14:55) Articulating the business impact a platform PM has
(18:56) Challenges Plaid’s platform team has faced without a PM
(19:19) Symptoms of a need for product management in an internal-facing team
(30:15) Whether Twilio had platform PMs
(31:22) Example projects where PMs have been crucial
(34:12) How the book “Ask Your Developer” influenced Twilio’s engineering culture
(36:13) Getting started with introducing a product management discipline to an organization
(38:33) Org structure and where platform PMs may report
(40:00) Career ladder for platform PM when reporting to engineering leadership
(41:20) Being product-led or technology-led
(43:14) How technical skills may help when in a platform PM role

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Mentions and links:
Follow Russ on LinkedIn
Episode 7 with Will Larson - related to why it’s difficult to find Platform PMs
Episode 27 with Jean-Michel Lemieux - related to the percentage of investment that should be put towards platform investments
The Build Trap by Melissa Perri
Ask Your Developer by Jeff Lawson